Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY) Stock Short Interest Report for October

Redeia Corporacion SA – Unsponsored ADR (OTCMKTS:RDEIY) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 5,463 shares, a decrease of 84.5% from the September 30th total of 35,327 shares. Based on an average trading volume of 320,240 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Redeia Corporacion Stock Performance

Redeia Corporacion stock opened at $8.34 on Tuesday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.12 and a current ratio of 1.18. Redeia Corporacion has a 52-week low of $8.04 and a 52-week high of $11.04. The firm has a 50 day moving average price of $8.49 and a two-hundred day moving average price of $8.67.

About Redeia Corporacion

Redeia Corporación, formerly known as Red Eléctrica Corporación, is a Spanish infrastructure group focused on the operation and management of essential energy and communications networks. Its principal business is conducted through Red Eléctrica de España, which operates Spain’s high-voltage electricity transmission system and performs the national electricity system operator function. The company helps maintain grid reliability, manage electricity flows and support the integration of renewable energy into the power system.

Redeia also develops and manages telecommunications infrastructure.